SONIC Main Team Wallet Transfers 12M Tokens Worth $1M to New Address

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The main team wallet of SONIC transferred 12 million tokens worth $1 million to a new address four hours ago. Another 12 million tokens were sent to the same address five hours earlier, totaling $2 million. On-chain data shows that the team has been withdrawing tokens from Wintermute and exchanges over the past week. This activity occurs amid speculation about new token listings and increased market movement.

Odaily Planet News: According to OnchainSchool's monitoring, approximately four hours ago, the main team wallet of SONIC transferred 12 million tokens to a new address, valued at around $1 million. Additionally, 12 million SONIC tokens were transferred to the same address five hours ago, making the address currently hold SONIC tokens worth about $2 million. On-chain data also shows that over the past week, the main team of SONIC is suspected to have started withdrawing tokens from Wintermute and multiple exchanges.

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